David Cameron resigns as Prime Minister following EU referendum result

David Cameron has resigned as Prime Minister two hours after the UK's vote to leave the EU was confirmed.

It was a shattering night for Remainers, as Leave quickly started piling up votes in England and Wales. Britain voted to leave the European Union, with the Leave campaign securing around 51.8 per cent of the vote.

It is just over a year since the Tory leader won an overall majority in a shock general election result.

Mr. Cameron was clearly emotional as he finished his resignation speech outside 10 Downing Street, watched on by wife Samantha.

The Cabinet will meet on Monday and a timetable for him stepping down will be drawn up.

The historic referendum has seen Britain vote to leave the European Union which has thrown Westminster politics into disarray and sent the pound tumbling on the world markets.